What is Visa's Tokenized Asset Platform (VTAP), which was introduced recently?
VTAP allows banks to create and manage fiat-backed tokens on the blockchain. This platform speeds up transactions, increases security, and automates financial processes with smart contracts. A full launch is planned for 2025!
Let's take a detailed look at how the VTAP platform works and what it will do. •It is a blockchain-based initiative that aims to help banks and financial institutions issue and manage fiat-backed tokens. These tokens represent real-world assets such as currencies, commodities, or securities, and enable secure and fast transactions on blockchain networks. VTAP allows banks to perform more secure and efficient transactions using these tokens and automates financial processes through smart contracts.
•The platform is currently being tested in a sandbox environment, and banks like BBVA are experimenting with the process of issuing, transferring, and returning tokenized fiat currencies. Visa plans to fully launch VTAP in 2025 and make it available for real-world use by banks.
•One of the key features of VTAP is that it enables interoperability between different blockchain networks, facilitating banks’ digital asset transactions with minimal technical integration. This initiative is part of Visa’s strategy to combine decentralized finance (DeFi) with traditional finance. #Bitcoin#Blockchain#Defi#Fintech#Ethereum#btc
Despite all the stress and pressure, good days have begun for altcoins that maintain major supports. 💰 Btc dom rose above expectations, close to 59 (positive)✅
With the FED interest rate cut, they took the market one step higher while everyone was asleep.✅
Night Pumps are one of the clearest signs of the BULL market.🚀
Come on, make the weekly close at 65K, then fall for no reason.
We are in the support zone for Ethereum, we will react in the short term and then do a detailed analysis. Don't worry about your spot investments. The future will revive us.♥️
Benqi has broken the downtrend on the daily, we will witness strong increases with Avax hype. Possible targets of the falling wedge formation on the daily TP1- $0.023 TP2- $0.039 TP3- $0.071
Telegram founder Pavel Durov was arrested in France yesterday. French authorities were looking for Durov in connection with allegations that the Telegram platform facilitated serious crimes such as terrorism, drug trafficking and fraud. #Ton
I can only say that the timing is significant. For such an event to occur while altcoins and bitcoin are in resistance zones. It means that there is still time for the market to rise.
The **Other.Dom** trend from February 2017 has been serving as support so far. It has touched the trend support again on the weekly chart and created a double bottom formation.
The clear meaning of this situation is that money is shifting to altcoins. As long as the trend is not broken, you should not be afraid of altcoin investments.#Altseason#Eth#Btc#AEVO #Portal
AVAX is ready to explode upwards! Avalanche will make QI coin jump along with itself xx again. @BenqiFinance 🔥 Take notes instantly Avax : $21.50 Qi : $0.01270
Bitcoin | Usdt •Current MA-14 in the monthly chart has generally taken on the role of support. As long as BTC remains above $49,000, I do not think there will be any problems in the market and I can easily say that it will tend to rise. I will patiently carry my altcoin positions during this process. I am sure that I will sell my coins with high profit rates.
Btc.D | •Update:#BitcoinDominance is in the 57.55 area you care about.
These levels give important signals for the beginning of the altcoin bull. You must analyze the current situation carefully; the altcoin bull seems closer than ever.
**Since the chart is on a weekly basis, do not take instant transactions accordingly.